United States:
FINRA Commences Retrospective Review Of Reporting Requirement Rule
13 January 2020
Cadwalader, Wickersham & Taft LLP
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FINRA commenced a retrospective review of the
effectiveness and efficiency of requirements under FINRA Rule 4530 ("Reporting
Requirements"). The rule requires firms to report when they
know or should have known of the existence of "specified
events, internal conclusions of violations, and quarterly
statistical and summary information regarding written customer
complaints."
Comments must be submitted by March 9, 2020.
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